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Was wondering if @josh, @Private Banker @greenr @Big Mike or anybody else knew of a trading room that would help me learn market profile.
I DO NOT want someone calling trades for me.
I want someone to interpret the action of price and interpret how to set up my charts properly.
Todays buy that @greenr took was a great example of how and why this system works.
I saw the buy on my 5m chart at 91.14 and said the hell with that. its a dang 32 tic risk!
He probably went long around 90.95 area and realized a 10-12 tic risk.
buying it on Sale!
I see these value areas on my 60min chart but lack the faith to pull the trigger because my traditional method of entry would generally give me a huge stop. OR I wait too long and pay full price only allowing me to scalp for 10.
Again I am not looking for the Holy grail of trading rooms. I am a visual learner and would do well if I could follow
someone and adapt my own personality around this system of learng fair value and price entry and risk.
If you always do what you have always done you will always get what you have always gotten.
Celebrate because you executed your edge. Not because you won.
Summary view, I was looking for a buy at the open, but did not see it, then a volume burst pushed back above RTH Vwap, I set a limit order and it moved away from me. The return the the vwap just was not showing heavy buying. Eventually the volume go tired, and I went countertrend, but with a very tight stop.
Thanks Brother! I am trying to do somthing different than I have always done!
If you always do what you have always done you will always get what you have always gotten.
Celebrate because you executed your edge. Not because you won.
Edit: just realized there are two sets of numbers. The TPO count is the second set, I am not sure what the first set of numbers is. I am sure it is in the documentation for the charts.
